RCRE - Be Your Own Bank with Harper Jones
Mike Taravella and Will Coleman interview Harper Jones of Create Tailwind Infinite Banking coaching.
Key Information:
Whole Life Insurance guarantees payment of a death benefit to beneficiaries in exchange for regularly due premium payments.
In addition, Whole Life Policies includes a savings portion called the “cash value” which accumulates interest on a tax-deferred basis.
Policy holders can access the savings portion of their policy by either directly requesting a withdrawal of funds or using their savings portion to borrow against in order to lend to themselves.
Benefits of Whole Life Insurance:
- Full use and control
- Liquidity and cash flow
- Tax-free savings
- Compounding growth
Expert Pro Tip: “Surround yourself with people who are doing what you want to do”
Contact Information:
Resources:
Becoming Your Own Banker- Unlock the Infinite Banking Concept by R. Nelson Nash
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